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First Lithium Minerals Releases Results of Geophysical Surveys and Identifies Priority Targets
Toronto, Ontario--(Newsfile Corp. - December 13, 2022) - First Lithium Minerals Corp. (CSE: FLM) (FSE: X28) ("First Lithium Minerals" or the "Company") is pleas
About this update from First Lithium Minerals Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - December 13, 2022) - First Lithium Minerals Corp. (CSE: FLM) (FSE: X28) (\"First Lithium Minerals\" or the \"Company\") is pleased to announce results from Transient Electromagnetic (\"TEM\") geophysical surveys undertaken at its 100% owned OCA Lithium Project in the Antofagasta Region of northern Chile. The geophysical surveys program comprised data collection of contiguous 200m coincident loop measuring vertical (Z) component dB/dt TEM along 500 to 1,000m spaced lines over selected exploration concessions at the salars of Ollague, Carcote, and Ascotan, known collectively as the OCA Lithium Project. The program was conducted from October 16th to November 23rd, 2022, by SouthernRock Geophysics S.A. The Company acquired resistivity data over a total of 267 TEM contiguously spaced stations along 28 profiles for a total of 47.8 line-km. The property-wide TEM geophysical surveys have identified multiple low resistivity zones across several prospective areas. The Company believes the discovered zones are indicative of characteristics typically exhibited by mineralized saline aquifers of hydrogeological conditions of northern Chile. The geophysical surveys indicated highly conductive horizontal zones of less than 1.0 Ohm-meter of up to 400 metres (m) in thickness, from about 100-200m beneath the surface. Specifically, two sectors, the northeastern property areas at the salar de Carcote (approx. 1,275 ha) and salar de Ascotan (approx. 1,775 ha) displayed promising geophysical characteristics with responses as low as 0.2 Ohm-meters identified as priority high conductivity targets for continuing exploration as prospective mineralized saline aquifers (Fig. 1 and Fig. 2). The Company is evaluating follow-up geophysics with Magneto-Telluric (MT) surveying to define the base of the highly conductive interval, currently beyond the scope of the TEM data. The MT data acquisition is tentatively planned for Q1/23, with SouthernRock Geophysics S.A. Figure 1. OCA Lithium Project. Salar de Carcote northeastern exploration concessions prospect area. Transient Electromagnetic (TEM) surveys. Figure 2. OCA Lithium Project. Salar de Ascotan northeastern exploration concessions prospect area. Transient Electromagnetic (TEM) surveys. Rob Saltsman, CEO and Director of First Lithium Minerals commented: \"The res...